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Trading Made Simple

  • #79,901
  • May 24, 2017 2:44am May 24, 2017 2:44am
Quoting heispark
{quote} Actually v2vboni posted it in his thread... Anyway.
Ooops.. sorry. Must be my sleepy eyes at 4am in the morning.

Anyway, that is a good video, somethings he said are true. We poor retail traders trading with our hard-earned money from our day jobs have little chance in this market.
Without a WINNING EDGE we can never make enough money to pay our bills. Don't talk about having an edge with high probability.
Keep our day jobs, it pays the bills.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #79,902
  • May 24, 2017 2:52am May 24, 2017 2:52am
Quoting Seshwaan
{quote} Thanks Emmanuel, I am interested in this MM solution you have and would like to look into it. Can you point me in the direction?
This has nothing to do with TMS the way Big E traded. But below are 2 pics of MT4 account summary. Both are trades done this week from May 22 till today with open trades.

Which one do you prefer?

1) Slow and Steady
Attached Image (click to enlarge)
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2) Fast and Furious
Attached Image (click to enlarge)
Click to Enlarge Name: Fast and Furious.png Size: 5 KB


Maybe go to this thread "The Monty Hall P..." and read what Mingary has to say.

https://www.forexfactory.com/showthread.php?t=662550
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #79,903
  • May 24, 2017 3:12am May 24, 2017 3:12am
Quoting Rafaz1
Hello Emmanuel, I have setup the TMS system on metatrader 4 and can report back my first trade profit of 82.78 (demo). I am unsure of the 5 EMA settings/values and was hoping you can relay to me. I was also hoping for an overall sanity check of my setup to ensure it is correct going forward. Thanks Zaf
Hallo Zaf,

Please post your chart and let me have a look what you have.

Thanks.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #79,904
  • May 24, 2017 3:16am May 24, 2017 3:16am
Quoting microame
Hi Emm, I am a newbie here are to Forex. As you have instructed I was reading all the previous posts and I have to admit I have not finished them all and might have skipped a few. But to start with I would like to get my chart right. I have downloaded as instructed from post #25 and added to Metatrader 4, but my chart doesn't looks the same as yours. So could you please help me identify what I am missing and help me to fix it? Thank you {image}

Hi,

You chart looks good and the same what Big E had. If you switch your chart to show as Bar Chart type, you will see the HA candles better.

My chart template is very different as I use different APB/HA and TDI.

TDI-RealTime version Post#17,848
APB/HA Candle Indicators : Post#28,535
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #79,905
  • May 24, 2017 3:22am May 24, 2017 3:22am
There you go Emmanuel

Attached Image (click to enlarge)
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  • #79,906
  • May 24, 2017 4:02am May 24, 2017 4:02am
Quoting Rafaz1
There you go Emmanuel {image}

Thanks.

you chart looks okay for trading.

You may want to see your price chart using Bar Chart over the HA candles.

Attached Image (click to enlarge)
Click to Enlarge Name: Rafaz1 chart.png Size: 307 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #79,907
  • May 24, 2017 4:09am May 24, 2017 4:09am
Quoting emmanuel7788
{quote} Hi, You chart looks good and the same what Big E had. If you switch your chart to show as Bar Chart type, you will see the HA candles better. My chart template is very different as I use different APB/HA and TDI. TDI-RealTime version Post#17,848 APB/HA Candle Indicators : Post#28,535

Thank you Emm for your feedback. Following the BigE rules can I enter into a trade in my demo account?
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  • #79,908
  • May 24, 2017 4:15am May 24, 2017 4:15am
No adjustment to 5 EMA or other values?

Attached Image (click to enlarge)
Click to Enlarge Name: Zaf - TMS System GBP-AUD - Profit.PNG Size: 4 KB
  • #79,909
  • May 24, 2017 4:34am May 24, 2017 4:34am
XAUUSD, a la espera de cruce TDI, entrada esta noche, estoy probando indicador fractal como una toma de ganancias.
[Attach] Screenshot_2.png; 2.324.125 [/ attach]
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  • #79,910
  • May 24, 2017 6:47am May 24, 2017 6:47am
Good entry for you?
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  • #79,911
  • May 24, 2017 8:17am May 24, 2017 8:17am
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  • #79,912
  • May 24, 2017 10:32am May 24, 2017 10:32am
Quoting emmanuel7788
{quote} This has nothing to do with TMS the way Big E traded. But below are 2 pics of MT4 account summary. Both are trades done this week from May 22 till today with open trades. Which one do you prefer? 1) Slow and Steady {image} 2) Fast and Furious {image} Maybe go to this thread "The Monty Hall P..." and read what Mingary has to say. https://www.forexfactory.com/showthread.php?t=662550
I prefer the first one, the second one seems to be martingale or something similar, small profit und big loss
  • #79,913
  • Edited 11:25am May 24, 2017 10:58am | Edited 11:25am
Quoting Deichkind
{quote} I prefer the first one, the second one seems to be martingale or something similar, small profit und big loss
I agree Deichkind that the second one seems to be a "martingale way", not sure if doubling the lots, but a lot increase is amost sure
I had a simillar "DD period" without increasing the lot this month:
Attached Image (click to enlarge)
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It take alot more orders to get back to original position / angle of proffit, I belive that the second example had increased lot on each position of that basket to get out of the "DD" period so quickly, wich increase the exposure exponentially.

I also preffer the first one at this moment, since martingale is a for sure going to blow up account eventually, It can sucessfully be used with the "lotto" way, when there is no problem on blowing one account when you have many growing very fast. If all the money is in a single account, martingale is no alternative
(this is all my personal thoughts, not rule)


Edit: Emmanuel I belive Im starting to understand your CashFlow model of doing it, by combinning the "lotto" model with "Insurance" model... get the best of the two models in one, wich is keep adding on positions to get a better average in a directional way (where TMS comes in), but many accounts so when one blow up you got another ones running strongly up, instead of just one going up slowly. This also protect from eventual "black swan" events wich many times blow up accounts even w/ stop losses and allow to have bigger DDs w/o many worries... this way you can increase the proffit of your invested trading money and minimize risks?

But still cant figure out how to minimize the DD when it happens, mostly on "trend end", wich is question of When and not IF, example the UJ account.

Can you explain what is "keddging"?

Thanks!
  • #79,914
  • May 24, 2017 1:51pm May 24, 2017 1:51pm
Hello, must wanted To know if there is any way To get apb/ hh candle on mt4 app.... Or on an Android phone?
  • #79,915
  • May 24, 2017 2:55pm May 24, 2017 2:55pm
Quoting mokuro89
{quote} I agree Deichkind that the second one seems to be a "martingale way", not sure if doubling the lots, but a lot increase is amost sure I had a simillar "DD period" without increasing the lot this month: {image} It take alot more orders to get back to original position / angle of proffit, I belive that the second example had increased lot on each position of that basket to get out of the "DD" period so quickly, wich increase the exposure exponentially. I also preffer the first one at this moment, since martingale is a for sure going...
there are 'clues' in that thread "The Monty Hall problem..." read them.

Of course I can explain "Kedging" but not in here. It will confuse the newbie traders even more.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #79,916
  • May 24, 2017 2:57pm May 24, 2017 2:57pm
Quoting Jaizy
Hello, must wanted To know if there is any way To get apb/ hh candle on mt4 app.... Or on an Android phone?

So far I have not found a Heiken Ashi customs indicator that runs in mobile apps.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #79,917
  • May 24, 2017 3:01pm May 24, 2017 3:01pm
Quoting Deichkind
{quote} I prefer the first one, the second one seems to be martingale or something similar, small profit und big loss
it only seems like, ...
in all martingale systems that I have seen here in FF, I have not found one which produces equity equal to or greater than balance.

BTW, who is watching Ajax vs Man Utd?
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #79,918
  • May 24, 2017 4:07pm May 24, 2017 4:07pm
Quoting emmanuel7788
{quote} it only seems like, ... in all martingale systems that I have seen here in FF, I have not found one which produces equity equal to or greater than balance. BTW, who is watching Ajax vs Man Utd?
I am watching it.. thrilled..

Manchester united fan..
It's in fear when people show what they truly value.
  • #79,919
  • May 24, 2017 8:00pm May 24, 2017 8:00pm
Quoting emmanuel7788
{quote} NZDUSD Week 21 update3 May 24: yesterday was a pullback of about 37pips from its high. Today, I moved my TP higher (between the last spike and BRN .7100) and with more profit protected, today to see if that spike high can be tested or else, I close the trades when the HA candle closes with colour change. Better listen to London session and what happens in the commodity markets. {image}

NZDUSD Week 21 update 4 May 25:

yesterday it made a higher high and higher close, but this morning open with gap down. If later today it does not trade above yesterday's high, then most likely it will be a Day Inside Bar.
Question is whether today HA candle will close with change in colour. For the HA to close change in colour, the real price must close below 0.7007 which is yesterday HA open.
As the trader, I have to make that crucial decision today, How much am I willing to give back to the market? is giving back 50% too much?

Attached Image (click to enlarge)
Click to Enlarge Name: NZDUSD Week 21 trades update4 May25.png Size: 56 KB


is there a door I need to open today?
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #79,920
  • May 24, 2017 8:38pm May 24, 2017 8:38pm
Is there any way To get that mecanical entri like talk about higher with the pac and apb/ha bit with normal candle but with différent betting? I would like to follow and place entry when im not home.
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